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Which of the Following Advantages Is Most Likely to Be

Question 62

Multiple Choice

Which of the following advantages is most likely to be enjoyed by a company as a part of the first-mover advantages?


A) increasing returns to specialization
B) positive-sum game due to lack of competition
C) ability to capture scale economies ahead of later entrants
D) absolute advantage and higher efficiency
E) ability to specialize in the production of a particular product

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